>> Pre-tax and after-tax 401K accounts are considered separate pools, so for the aforementioned after-tax 401K to Roth IRA rollover, no tax will be paid on pro-rata basis based on the amount I have in pre-tax 401K.

> Is this true

Yes, it is true. Each 401k subaccount is its own pool.

Your after-tax subaccount contains

1. after-tax contributions
2. pretax earnings, if any -- this only happens if you don't immediately roll out after your after-tax contribution.

When you roll out of this subaccount, you must roll out both 1 and 2 and nothing else.

The IRS agrees:

> Notice 2014-54 doesn’t change the requirement that each plan distribution must include a proportional share of the pretax and after-tax amounts in the account.

> This statement is incorrect. Your credit score looks at utilization: how much credit you're using divided by how much credit you have available.

Keyword "in the long run"

Unlike payment history and age of accounts, utilization is not a buildable component of credit scores because it gets reset by newer utilization data every month. The currently used FICO models do not look at past utilizations.

Most credit card companies report the statement balance as the utilization for that month. Some report the current balance on a fixed day of month. If you have to fine tune your utilization, look up the AZEO strategy.

It's only 850 on one FICO model, not all of them. I was at 850 with FICO 8 at one point, but 760 on FICO 2.

Time (length of payment history and age of accounts) is the most important factor. For the 1-2 months before you apply for new credit, you can also practice AZEO:

> AZEO is not something you have to do every month. Only in the run up to when you need your credit score to be its highest, e.g. in the 40 days before you apply for a loan or a card.

> It's not on https://www.fidelity.com/trading/commissions-margin-rates for instance. Where should I be looking to catch this type of thing?

It's in the fineprint.

780 and 850 get the exact same best rates.

It's unusual for chip cards, but if the merchant is still using swipe or manual entry/"card not present", they want a little bit more assurance that the card is not stolen.

The commissions are charged by the brokerage, so you won't find any of those information on Vanguard.

Example: Fidelity and Schwab charge $75 to buy Vanguard mutual funds. However, they also have their own versions of target date index funds. So you should switch if you switch brokerage.

https://www.reddit.com//r/personalfinance/wiki/banks_and_credit_unions

Any one is fine. You may need to call for additional identity verification if you don't already have existing bank/credit card accounts in your own name.

It doesn't matter when you do it. You only need to do it once. Easiest is to do it at the same time when you do regular backdoor Roth.

1. Contribute $6000
2. Convert $6150.49
3. Report the $150 income (Form 8606 parts 1 and 2, carried onto Form 1040)

Looks like non-HDHP PPO is better for you because the out of pocket costs are lower, even if they are not tax deductible.

p.s. Your HDHP is a "new style", where deductible = OOP max. Many years ago, HDHP deductible used to be at only the legal minimum. At some point, insurance companies increased it to the OOP max, making a HDHP basically a catastrophic insurance.

Can you list the actual premiums, deductibles, OOP max, specific PPO coverage for the types of services needed, etc. for both plans?

Remember that with HSA, every medical expense is "tax deductible" because you can always save up in HSA and distribute it back tax-free, whereas with non-HDHP, expenses are only deductible when itemized.

You can consult with a CPA.

> My question is with regard to taxes, if I am selling upon vest every other vest period does the brokerage determine which shares I am selling?

Default cost basis accounting is First In First Out (FIFO). You can change it to specify which shares to sell.

> Is it possible to sell the newly vested shares only so I am not paying cap gains on the shares I am holding?

Yes. Switch to Specific Identification (Spec ID) or Last In First Out (LIFO) or Highest Cost First Out (HIFO) or Tax Optimized or whatever else the brokerage offers that makes sense.

If you mean Series I Savings Bond at 9.62% annual rate, you are too late. The door closed last Friday - it takes one business day to issue, so it needed to be purchased a business day prior. The new rate starting November is 6.48%.

You can create a traditional IRA account and roll over to it.

Roth what? IRA I assume. Are you sure you want to roll over a 403b to a Roth IRA? You may have to pay tax if these came from pretax accounts.

You can have as many Roth IRA as you like. Having more than one doesn't increase your overall contribution limit.

> I’m 24 and In the 24% tax bracket, don’t really have a set age I want to retire yet. So it seems like I should take the 401k match and then focus on Roth 401k? Would that be a good plan?

No, you are unlikely to ever get to 24% effective tax rate during retirement. The usual advice (pretax to match --> Roth IRA --> max out pretax 401k) still applies to you.

Based on your answers, your HSA contribution limit is the self-only limit.

• True False False = self-only limit
• False True False = family limit
• Any Any True = $0 limit

No.

Just use credit card for purchases you have to make anyway, like food and gas, and always pay your CC bills in full and on time.

If you are in 22% or higher tax bracket, you should roll over traditional 401k to traditional IRA or traditional 401k at your new job.

You did not answer my question. However, I'll assume you mean a 401k loan. When you borrow from your 401k, the investments are sold immediately. Is this what you want to happen?

Where else do you have investments that you can borrow or liquidate?

> I have a ROTH IRA account I was planning to rollover to. Is that okay?

Yes.

• Roth 401k --> Roth IRA: No tax.
• Traditional 401k --> Roth IRA: Amount rolled over is ordinary income in the calendar year of rollover.

Pretax 401k and Roth 401k are two separate subaccounts in your overall 401k plan account.

• You must roll over the Roth 401k to Roth IRA or the Roth 401k at your new job. Roth cannot be rolled over to traditional.
• You should roll over the pretax 401k to your traditional IRA or the pretax 401k at your new job.

1. Is your health plan a HDHP covering only one person (you)?
2. Is your health plan a HDHP covering two or more people?
3. Are you covered by any other non-HDHP medical plan or pretax spending accounts (e.g. FSA)? Keep in mind that a FSA often automatically covers spouse.

> Pre-tax and after-tax 401K accounts are considered separate pools, so for the aforementioned after-tax 401K to Roth IRA rollover, no tax will be paid on pro-rata basis based on the amount I have in pre-tax 401K.

Yes.

> However, for IRAs, pre-tax and after-tax IRAs are considered as part of the same pool, so for after-tax IRA to Roth IRA conversion, the pro-rata rule is in effect if I have funds in pre-tax IRA account.

Yes, in any of your non-Roth, non-inherited IRAs